Kennametal (NYSE:KMT) Releases FY 2027 Earnings Guidance

Kennametal (NYSE:KMT) updated its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.150-5.150 for the period, compared to the consensus estimate of 3.780. The company issued revenue guidance of $3.3 billion-$3.5 billion, compared to the consensus revenue estimate of $2.7 billion. Kennametal also updated its Q1 2027 guidance to 2.500-2.800 EPS.

Kennametal Trading Down 0.7%

NYSE KMT traded down $0.24 on Thursday, hitting $33.92. The company’s stock had a trading volume of 934,249 shares, compared to its average volume of 1,368,503. The firm has a market cap of $2.58 billion, a PE ratio of 19.12, a PEG ratio of 0.62 and a beta of 1.36. The company has a quick ratio of 0.99, a current ratio of 2.38 and a debt-to-equity ratio of 0.43. Kennametal has a 1-year low of $19.78 and a 1-year high of $43.81. The company’s 50-day moving average is $34.37 and its 200 day moving average is $36.40.

Kennametal (NYSE:KMT) last announced its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.65. The business had revenue of $736.61 million during the quarter, compared to analyst estimates of $725.74 million. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. Kennametal’s quarterly revenue was up 42.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 EPS. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. As a group, analysts predict that Kennametal will post 3.23 earnings per share for the current fiscal year.

Kennametal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, August 11th. Kennametal’s dividend payout ratio (DPR) is presently 45.20%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Barclays cut Kennametal from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $40.00 to $33.00 in a research note on Wednesday, May 27th. Jefferies Financial Group lowered shares of Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target on the stock. in a research report on Thursday, May 7th. Zacks Research lowered shares of Kennametal from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. cut their price target on shares of Kennametal from $40.00 to $34.00 and set an “underweight” rating for the company in a report on Monday, July 13th. Finally, Morgan Stanley decreased their price target on shares of Kennametal from $36.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Friday, July 17th. Six analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $35.79.

Insider Buying and Selling at Kennametal

In other news, VP Judith L. Bacchus sold 5,488 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $35.94, for a total value of $197,238.72. Following the completion of the sale, the vice president directly owned 4,554 shares in the company, valued at approximately $163,670.76. The trade was a 54.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Carlonda R. Reilly sold 12,013 shares of Kennametal stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $33.12, for a total transaction of $397,870.56. Following the sale, the vice president owned 25,143 shares of the company’s stock, valued at approximately $832,736.16. This represents a 32.33% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 47,000 shares of company stock valued at $1,583,326. Company insiders own 1.43% of the company’s stock.

More Kennametal News

Here are the key news stories impacting Kennametal this week:

• Positive Sentiment: Fiscal Q4 sales rose 43% year over year to approximately $737 million, exceeding the $725.7 million consensus estimate. Organic sales increased 42%, supported by pricing, favorable timing and broad-based improvement across end markets. Kennametal Reports Fiscal 2026 and Fourth Quarter Results
• Positive Sentiment: Adjusted Q4 EPS was a record $2.96, beating the $2.31 analyst consensus by $0.65 and rising from $0.34 a year earlier. Kennametal also reported fiscal 2026 adjusted EPS of $4.57, another record. Kennametal Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management issued fiscal 2027 revenue guidance of $3.3 billion-$3.5 billion versus the $2.7 billion consensus and EPS guidance of $4.15-$5.15 versus expectations of $3.78. First-quarter guidance was also substantially above estimates, indicating continued momentum.
• Positive Sentiment: Management attributed the performance to improving market conditions and strategic growth initiatives, while pricing and volume helped lift margins. The earnings call and related coverage reinforce the view that demand is recovering across Kennametal’s industrial markets. Kennametal Q4 Earnings and Sales Beat Estimates
• Neutral Sentiment: The shares reportedly surged 14.2% after sales topped estimates. The subsequent decrease likely reflects profit-taking or digestion of the strong earnings reaction rather than deterioration in the reported operating outlook. Kennametal Sales Top Estimates

Institutional Investors Weigh In On Kennametal

Several large investors have recently added to or reduced their stakes in KMT. Corient Private Wealth LLC bought a new position in Kennametal in the fourth quarter worth $217,000. Mercer Global Advisors Inc. ADV purchased a new stake in Kennametal in the fourth quarter worth approximately $259,000. Cetera Investment Advisers bought a new position in shares of Kennametal during the 4th quarter valued at $217,000. Walleye Trading LLC purchased a new position in shares of Kennametal in the 4th quarter worth $228,000. Finally, Inspire Advisors LLC purchased a new stake in Kennametal during the fourth quarter valued at $262,000.

About Kennametal

Kennametal Inc is a global industrial technology company that designs and manufactures advanced materials, tooling systems, and engineered components for a range of demanding applications. Its solutions support precision metalworking, earthmoving, and wear-resistant environments, catering to customers seeking enhanced productivity, longer tool life, and reduced operating costs.

The company’s product portfolio spans indexable cutting tools, solid round tools, tool holders, metalworking fluid systems, wear parts, ceramics and composites, and custom-engineered components.